Uber's shares are going up after Wells Fargo raised its price target from $89 to $92.

Oct 5, 2026, 1:31 PM ETOpinionRead the original at Benzinga

Good for UBER

Wells Fargo raised its price target for Uber, and analysts see lower robotaxi costs creating room for growth. Those cost savings are estimates, not results Uber has achieved.

UBER · Uber Technologies Inc

AI read · Good for UBER

The AI's read

The analyst views support the chance that Uber could benefit as robotaxi rides become cheaper. Uber's scale, customer base, and partnerships are cited as advantages. The cost figures are estimates, not savings Uber has already achieved.

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